Share-Based Compensation

9 Months Ended

Sep. 29, 2012

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

3. Share-Based Compensation

The Company issues stock option awards and non-vested share awards under its share-based compensation plans. The key provisions of the Company's share-based compensation plans are described in Note 5 to the Company's consolidated financial statements included in the 2011 Form 10-K.

The Company recognized no income tax benefits related to share-based compensation arrangements during the thirteen and thirty-nine weeks ended September 29, 2012 and October 1, 2011.

1998 Equity Incentive Plan

Stock Options

A summary of the option activity under the Company's Amended and Restated 1998 Equity Incentive Plan (the "1998 Plan"), as of September 29, 2012 and changes during the thirty-nine weeks then ended is presented below:

				Weighted
				Average
				Exercise
	Shares			Price
Outstanding at December 31, 2011		515,492		$	10.79
Forfeited/cancelled		(156,699	)	$	11.31
Outstanding at September 29, 2012		358,793		$	10.56
Options vested and expected to vest at September 29, 2012		357,943		$	10.58
Options exercisable at September 29, 2012		356,668		$	10.61

There were no options granted during the thirty-nine weeks ended September 29, 2012.

Non-vested Shares

There were no shares of non-vested stock outstanding as of September 29, 2012 or December 31, 2011. No shares of non-vested stock were issued during the thirteen or thirty-nine weeks ended September 29, 2012.

2000 Supplemental Stock Plan

A summary of the option activity under the Company's 2000 Supplemental Stock Plan (the "Supplemental Stock Plan") as of September 29, 2012 and changes during the thirty-nine weeks then ended is presented below:

				Weighted
				Average
				Exercise
	Shares			Price
Outstanding at December 31, 2011		154,700		$	11.43
Forfeited/cancelled		(50,550	)	$	11.61
Outstanding at September 29, 2012		104,150		$	11.34
Options vested and expected to vest at September 29, 2012		104,150		$	11.34
Options exercisable at September 29, 2012		104,150		$	11.34

The Supplemental Stock Plan expired on May 23, 2010. No new awards will be issued pursuant to the plan. The outstanding awards issued pursuant to the Supplemental Stock Plan remain subject to the terms of the Supplemental Stock Plan following expiration of the plan.